Xaar and Xerox ink agreement
11th Jan 2017 09:21
(ShareCast News) - Xaar, a British industrial inkjet technology supplier, has signed an agreement with Xerox corporation to partner in bulk piezoelectric (piezo) inkjet printheads. The partnership capitalises on each company's considerable expertise in bulk piezo printhead development, which will in
Read moreXaar to open 3D printing centre in Nottingham
15th Dec 2016 09:59
(ShareCast News) - Xaar, which supplies industrial inkjet printheads, announced an investment in 3D printing through the establishment of staff and facilities in Nottingham and Copenhagen. Xaar will open a 3D Centre in Nottingham in January to deliver printing services and equipment to original equi
Read moreXaar eyes growth in second half as R&D begins to pay off
24th Aug 2016 12:14
(ShareCast News) - While Xaar confirmed sales and profits were down in the first half of the year, the injket printhead specialist said its investment in new technology over the last few years should soon start to bear fruit. Revenue in the first half of the year of £44.5m was down 7% on the same pe
Read moreXaar revenues continue decline in first half
13th Jul 2016 11:21
(ShareCast News) - Digital printing group Xaar said it expects to report £44m sales for the first half of the year, down 8% on the previous year and 27% on the year before that. Xaar chief executive Doug Edwards has set out plans to achieve £220m of annual sales by 2020, which the 1 July acquisition
Read moreXaar confirms long-awaited Thin Film launch and Ricoh partnership
2nd Jun 2016 15:04
(ShareCast News) - Xaar has launched its long awaited thin-film Piezo platform (P4) and confirmed the agreement of a partnership with Japanese technology giant Ricoh to accelerate the development of thin-film printheads. Xaar's 5601 printhead, the first of the P4 family to be made available to cu
Read moreDirector dealings: Xaar CEO makes small show of support
9th May 2016 14:43
(ShareCast News) - Xaar chief executive Doug Edwards has increased his stake in the printer inkhead technology group fresh from setting out his long-term strategy and receiving some ringing endorsements from analysts. Edwards, the former Kodak executive who took the helm in January last year from l
Read moreInvestec downgrades Xaar but likes long-term print story
7th Apr 2016 10:53
(ShareCast News) - Investec has downgraded Xaar to 'hold' on valuation grounds and lowered forecasts but said it continued to like the long-term structural growth opportunity for the printing technology group. Following a reassuring trading update in January, last month Xaar announced a new 2020 rev
Read moreXaar confident of meeting 2015 revenue expectations
13th Jan 2016 11:24
(ShareCast News) - Digital inkjet printing technology group Xaar is confident it will meet its revenue expectations for 2015. In a trading update for the year to the end of December, the company said it is likely to report total revenue of around £93.5m, in line with the board's expectations. Xaar
Read moreXaar appoints 3D printing expert Prof Neil Hopkinson
6th Jan 2016 07:29
(ShareCast News) - Printing group Xaar has strengthened its expertise in the area of 3D printing with the appointment of a leading UK expert in the field. Neil Hopkinson, professor of manufacturing engineering at Sheffield University, has been appointed to the new role at the company of director of
Read moreXaar reaffirms full year revenue guidance
4th Nov 2015 09:53
(ShareCast News) - Digital inkjet print technology group Xaar said sales in the second half to date have been broadly consistent with its performance in the first six months of the year and it continues to expect full year revenue to be in the range of £92-95m. This would be a decline from last year
Read moreXaar shares rocket after strong margins reported
27th Aug 2015 14:40
(ShareCast News) - Shares in inkjet printer company Xaar were up after the company posted a drop in pre-tax profit but better margins. At 1444 BST shares had gained almost 10% to 495.25p. Xaar reported a first half pre-tax profit of £9.1m, reduced from £16.1m in the first half of last year but ahea
Read moreXaar's new CEO buys shares in the company
1st May 2015 16:17
The chief executive of Xaar has bought shares in the digital printing group on Friday. Doug Edwards, who toke the role in the beginning of the year, bought 9,292 shares for 21.5p each, spending a total of £53,750. The group said last month that 2014 was a difficult year, after major restructuring i
Read moreXaar profits plunge 45% but expects stability in 2015
19th Mar 2015 09:32
As demand for ceramic tile printing slumped on the back of China's slowing construction market, digital printing group Xaar delivered lower sales and profits, as expected. However, Xaar reiterated its recent guidance for sales to stabilise at roughly £90m in 2015 as it invests for a return to growth
Read morePanmure Gordon picks out "most vulnerable" UK dividends
18th Feb 2015 13:27
Panmure Gordon has warned of "storm clouds on the horizon" for income investors as corporate payouts reach "unsustainable" levels and has picked out several FTSE 350 companies where dividends appear particularly vulnerable. Although the UK economy has begun 2015 in rude health, the broker pointed ou
Read moreXaar appoints new CEO
5th Jan 2015 08:56
Inkjet printing technology group Xaar has appointed Doug Edwards as its new chief executive (CEO) with immediate effect. Edwards, who joins the company from Kodak where he had been a member of the executive board since 2006, will replace outgoing CEO Ian Dinwoodie, who announced in March 2014 his in
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